VALDRES MASKINSERVICE AS

2920 LEIRA I VALDRES

Finances

Share Ownership

Return on Equity

34,82 %

Current Ratio

2,28

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 930 000	3 661 000	3 462 000	2 488 000
Net Income	321 000	140 000	15 000	278 000
Total Assets	1 607 000	1 122 000	946 000	790 000
Total Equity	922 000	600 000	461 000	445 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 930 000	3 661 000	3 462 000	2 488 000
Expenditure	3 520 000	3 485 000	3 442 000	2 138 000
Operating Profit	410 000	176 000	19 000	349 000
Financial Income	4 000	4 000	2 000	1 000
Financial Costs	1 000	1 000	2 000	1 000
Financial Balance	3 000	3 000	0	0
Earnings Before Tax	412 000	179 000	19 000	350 000
Tax	91 000	40 000	4 000	72 000
Net Income	321 000	140 000	15 000	278 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	43 000	24 000	20 000	0
Total Current Assets	1 564 000	1 097 000	926 000	790 000
Total Assets	1 607 000	1 122 000	946 000	790 000
Total Retained Equity	729 000	408 000	269 000	253 000
Total Equity	922 000	600 000	461 000	445 000
Total Long-Term Debt	0	0	0	1 000
Total Current Debt	686 000	521 000	485 000	345 000
Total Equity and Debt	1 607 000	1 122 000	946 000	790 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 920 000	3 654 000	3 460 000	2 488 000
Other Income	10 000	7 000	2 000	0
Revenue	3 930 000	3 661 000	3 462 000	2 488 000
Cost of Goods Sold	1 550 000	1 501 000	1 663 000	1 052 000
Salary Costs	1 263 000	1 380 000	1 286 000	713 000
Depreciation	11 000	7 000	4 000	0
Impairment	0	0	0	0
Expenditure	3 520 000	3 485 000	3 442 000	2 138 000
Operating Profit	410 000	176 000	19 000	349 000
Financial Income	4 000	4 000	2 000	1 000
Financial Costs	1 000	1 000	2 000	1 000
Financial Balance	3 000	3 000	0	0
Dividends	0	0	0	0
Net Income	321 000	140 000	15 000	278 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	26 000	0	0	0
Fixtures	17 000	24 000	20 000	0
Total Tangible Assets	43 000	24 000	20 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	43 000	24 000	20 000	0
Stock	951 000	644 000	532 000	437 000
Total Investments	0	0	0	0
Cash, Bank	304 000	261 000	182 000	193 000
Total Current Assets	1 564 000	1 097 000	926 000	790 000
Total Assets	1 607 000	1 122 000	946 000	790 000
Total Equity	922 000	600 000	461 000	445 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	1 000
Creditors	311 000	134 000	147 000	75 000
Unpaid Taxes	156 000	166 000	132 000	104 000
Dividends	0	0	0	0
Other Current Debt	128 000	182 000	201 000	95 000
Total Current Debt	686 000	521 000	485 000	345 000
Total Equity and Debt	1 607 000	1 122 000	946 000	790 000

Financial indicators	2022	2021	2020	2019
Return on Equity	34,82 %	23,33 %	3,25 %	62,47 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	10,43 %	4,81 %	0,55 %	14,03 %
Current Ratio	2,28	2,11	1,91	2,29
Quick Ratio	−5,9	−8,92	−19,7	−8,59
Equity Ratio	0,57	0,53	0,49	0,56
Gross Profit Margin	60,56 %	59 %	51,96 %	57,72 %